Source: Politico
“Trade Secretary Peter Kyle is expected to announce the U.K.’s steel strategy at Tata Steel UK’s mill in Port Talbot on Thursday. The strategy will set out new protections for Britain’s steel sector, slashing quotas on imports of many products from overseas while raising duties outside those caps to 50 percent, two people familiar with the announcement told POLITICO. … British officials have told both U.K. steel producers and downstream importers, who use steel in everything from construction to automotive manufacturing, to expect a 50 percent duty outside of new quotas in a move ‘likely to be similar to the EU,’ said a second industry figure.” (03/16/26)